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Corporate News 19 Feb 2019 | 7:04 AM

Moody's expects global sovereign sukuk issuance to exceed US$93b by 2020

KUALA LUMPUR: Moody's Investors Service expects global sovereign and supranational sukuk issuance to recover this year and exceed its all-time high of US$93bil by 2020, possibly sooner, if oil prices remain moderate.

Football 19 Feb 2019 | 6:41 AM

United dump holders Chelsea out of Cup to pile pressure on Sarri

LONDON (Reuters) - Manchester United's Ander Herrera and Paul Pogba headed first-half goals to claim a 2-0 win that dumped FA Cup holders Chelsea out of the competition and secured a place in the quarter-finals in an intense tie at Stamford Bridge on Monday.

Forex 19 Feb 2019 | 6:31 AM

Most Asian currencies slip on anxiety over trade talks

MOST Asian currencies inched lower on Tuesday as investors turned a little wary ahead of the next round of trade talks between the United States and China.

Corporate News 19 Feb 2019 | 6:24 AM

HSBC profit disappoints as China, Britain weakness poses challenge

HONG KONG/LONDON: HSBC Holdings Plc posted a disappointing profit growth as higher costs and a stocks rout took a toll on business, while cautioning that a weaker economic outlook for China and Britain would throw up further hurdles this year.

Corporate News 19 Feb 2019 | 6:15 AM

MARC retains negative outlook on Kesturi's bonds

KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its rating on Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd’s (Kesturi) debt notes but maintained its negative outlook.

World 19 Feb 2019 | 4:57 AM

Mexico's ruling party lawmakers urge capping drug prices

MEXICO CITY (Reuters) - Lawmakers from Mexico's ruling party plan to send a bill to Congress that would set maximum drug prices, aiming to improve accessibility for poor patients and bring costs in line with cheaper countries in the region.

TECH 19 Feb 2019 | 3:00 AM

For sake of pupils’ pupils, China to ban homework on apps

An eastern Chinese province plans to ban teachers from assigning homework to be completed on cellphone apps as part of efforts to preserve students’ eyesight.

Stock on the Move 19 Feb 2019 | 1:23 AM

Quick take: Kossan profit sends shares up 3.75%

KUALA LUMPUR: Kossan Rubber Industries Bhd is one of the top performer on Bursa Malaysia with shares up 3.5% in early trade after it posted a higher profit.

Markets 19 Feb 2019 | 1:14 AM

Petronas stocks shore up KLCI

KUALA LUMPUR: Petronas Dangangan and Petronas Chemical climbed in early Tuesday trade and underpinned the FBM KLCI’s slight gains while key Asian markets advanced on hopes of a positive US-China trade talks.

Plantations 19 Feb 2019 | 1:10 AM

Malaysian palm oil market factors to watch Tuesday Feb 19

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Feb 19.